Nfts
Cristiano Ronaldo’s Binance partnership sparks NFT frenzy. Are These Memecoins About to Rebound?
Cristiano Ronaldo and Binance have entered into a new NFT collaboration known as “Forever Worldwide: The Road to Saudi Arabia”. This new partnership will speak about the life and career of Ronaldo. Ronaldo is a five-time Ballon d’Or winner, and this announcement is already creating a buzz in the space itself.
The meme coin market saw a massive boom last week. With the latest news, analysts believe that major coins such as KangaMoon, Dogwifhat, Pepe, Shiba Inu and Floki will see more rallies in the coming weeks as their market activities increase. As such, this may be the best time to accumulate the tokens.
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KangaMoon price expected to rise 600% in JuneKangaMoon’s entry into the coin space has created a lot of frenzy. The project has gained popularity and has been on a positive trajectory since pre-sale began a few months ago. With a rally of over 400% since the start of the presale, experts believe that investing in this new coin even today could be one of the best investment decisions of 2024.
KANG is a revolutionary coin project that integrates GameFi and socialFi functionality on its platform. With these unique features, users can participate in a series of gaming activities and earn rewards and prizes. Kangamoon already has over 32,000 community members and 10,000 token holders. Additionally, KangaMoon has already raised over $7.4 million in pre-sales.
Notably, early buyers of the KangaMoon token have already achieved a 400% return on investment, as the $KANG token price increased from $0.0050 to $0.025. Currently, at the bonus stage, KangaMoon is already listed on CoinMarketCap and CoinGecko, and the Bitmart CEX exchange is expected to list the token soon. With more CEX exchanges ready to list KANG, the token’s price is expected to increase by 600% in June.
KangaMoon has introduced a staking dApp, which is one of the best in the meme coins space. As such, users can stake their assets and get maximum APY. Many analysts believe that KANG is the most popular meme coin of 2024 and will eclipse other popular meme coins in the coming months. Based on its pre-sale success and innovative features, analysts predict the price of the $KANG token will reach $1 in the coming months.
Dogwifhat Coin Value Expected to Reach New Highs in June
Dogwifhat is one of the meme coins to watch this year as its positive progression continues. Launched in December 2023, the price of Dogwifhat has skyrocketed in just six months. As one of the Solana-based meme coins, the token has seen massive adoption over the past few months. Meanwhile, Dogwifhat does not have special tokenomics like other meme coins, as the $WIF token is primarily driven by speculation.
In terms of market performance, Dogwifhat market sentiment is bullish. Based on CoinMarketCap According to statistics, the price of Dogwifhat surged 42% over the past month as the price attempted to cross the $4 mark. Although his attempt failed, analysts believe that a retrial will take place soon when Dogwifhats’ trading volume reaches over $1 billion.
Meanwhile, the token is trading above the 50-day simple moving average (SMA). Crypto analysts believe that if the token manages to surpass the resistance levels of $4.01, $4.24, and $4.66, Dogwifhat price could reach $7 in June, putting it on the experts’ list of Meme pieces to watch out for in June.
Pepe Price Drops as Whale Hoards 68 Billion Pepe CoinsDespite the recent decline, Pepe Coin could make a surprise rebound in the coming weeks. After a whale encountered huge losses in Shiba Inu, the whale turned its attention to Pepe. Recent data from Lookonchain, an on-chain transaction tracking platform revealed this strategic decision. Launched in 2021, Pepe has gained popularity in the market.
A review of Pepe’s technical analysis shows that the coin is heading lower as investors fear that the coin has reached its peak. Meanwhile, Pepe’s price jumped 117% last month and 18% last week. While Pepe’s trading volume and market capitalization are on a downward trend, analysts predict a rebound soon.
Pepe market sentiment is bullish with the token trading above the 200 and 50 day EMA. With the Fear and Greed Index showing Greed (75), Pepe is still in the accumulation zone. As such, Pepe’s top price predictions tip the coin to reach $0.000050 in June. For investors looking for the best coins that can guarantee high returns in Q3, Pepe is worth investing.
Investors Anticipate Rally as Shiba Inu Trading Volume IncreasesWith the current coin mania, Shiba Inu has overtaken Cardano to enter the list of top 10 cryptos with a market cap of $16 billion according to data from CoinMarketCap. Based on trading activities, Shiba Inu has also risen to the seventh place in the crypto market. Shiba Inu trading volume exceeds $2.2 billion as whales continue to accumulate the token.
Developed by Ryoshi and popularly known as the “Dogecoin Killer,” Shiba Inu has a vibrant community of memecoin enthusiasts who call themselves “ShibArmy.” Meanwhile, Shiba Inu has an ecosystem that includes many components, like ShibaSwap, a decentralized exchange. The Shiba Inu token is deflationary. As such, SHIB tokens are burned from time to time, driving up the price.
The Shiba Inu market outlook shows positive signs. According to market data, the price of Shiba Inu has increased by 15% over the past year and by 8% in the past week, as interest in the token continues to grow. More than 15 key indicators of the Shiba Inu market are green. As such, crypto experts estimate that the meme coin will surge 20x in June, making SHIB one of the best meme coins to buy now.
Can Floki Price Rebound Amid Recent Market Volatility?Floki is one of the best coins on the market. The Floki platform has become one of the best Web3 projects in the world because it involves decentralized finance, NFT and metaverse. With the recent partnership between Cristiano Ronaldo and Binance for the launch of NFT, Floki is one of the gaming tokens projected for massive gatherings.
In recent days, Floki launched a new offering called Floki Trading Bot. This new bot aims to improve the efficiency of crypto transactions on different blockchains while increasing the utility of Floki Inu tokens. Additionally, Coinbase is set to list Floki perpetual futures on Coinase International Exchange and Coinbase Advanced. Analysts believe the listing will trigger massive rallies.
After burning billions of tokens in recent days, Floki’s price has exploded. The price of Floki has jumped 65% over the past month and 23% over the past week. However, the latest market retracement depleted the token with a drop in Floki trading volume. Despite this, analysts predict a recovery in the coming days.
The recent partnership between Cristiano Ronaldo and Binance has generated a lot of interest among memecoin enthusiasts. Investors believe this is an ideal opportunity to buy high-value meme coins that could soon yield huge gains. Already, the meme coin market is heading to the moon and this may be the best time to accumulate the above meme coins.
Discover the exciting opportunities of the KangaMoon (KANG) presale today!
Website: https://Kangamoon.com/
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